Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Microcap & Penny Stocks : ProNetLink..(PNLK) -- Ignore unavailable to you. Want to Upgrade?

To: Turboe who wrote (1861)	5/2/1998 5:22:00 PM
From: Dixie7777	Respond to of 8242

Turboe, That's a great article. My son, who works in the I Bank division of DLJ e-mailed it to me last year when he realized I traded as much as I do on the NASDAQ. To be sure it is different than the staid old and so-called, very legitimate, "Big Board." The one Mr. Forbes and his dad "grew" up with, the "old boy network," so-to-speak. Essentially, friends of the Forbe's family. With that said, I need to add that the NASDAQ has become a very respected trading vechile in its own right. Look at the listed companies. Additionally, many regulation changes have ocurred during the psat 6 months that reduce many of the potential abuses. (By the way, the only abuses publicized as of recent and for which there were arrests by the US Justice Dept was on the Big Board, for front running, just a few months ago.) Now, the BB stocks are another matter. Whew! Now there's some real risk taking. And here we are, all of us, in the middle of not only a BB issue, but in the "Net" sector to boot. Something like swimming with an open cut while in shark, (MM's,) infested waters. Now fast forward. It has always been appealing to find issues like PNLK that have great potential, that I also believe will in fact go very quickly to the NASDQ NMS. Kind of what we called a twofer in NY. Quick appreciation for the product and nextly, another quick revaluation for jumping to the NASDAQ. While we all know the risks are high, where else can you get these potential returns? That is if you can afford the potential downside. My biggest fear as you all know is the artificial movements of the share price by manipulitive fear injected into these investment boards by "feigned interest" non-shareholders and simultaneous short selling by the MM's at firms notorious for doing so. With that said, your reference to the Forbe's article is very appropro to a thread such as this. Thanks, Rich

To: Turboe who wrote (1861)	5/2/1998 11:46:00 PM
From: slotman	Read Replies (2) \| Respond to of 8242

Turboe. Just now had the chance to read the Forbes article you posted. I've watched the rt ticker on this since 4/22 like a hawk. There were so many duplicate trades posted consecutively (especially at the bid during the run-downs) that it was abundantly clear the trades were phoney and designed to give investors the impression that EVERYONE was selling. So many tricks! For those that have the time and resources, watch how many trade volumes go like this..100 100 1600 1600 2000 2000 and then a legit trade will stand alone i.e. 500 6000 2500 etc. The double print trades are mm to mm and nothing more than an illusion. That is why I still have every share I bought @1.145 rick